request_info_guest false

NNN Retail Property on Major Commercial Corridor with 4 Units

$5,750,000

133-16 Springfield Boulevard, Queens, NY 11413

Active
Last Updated: 10/29/2025

6.66

Cap Rate

382,715

NOI

Details:
Cap Rate:    6.66%
NOI:    $382,715
Building Size:    13,600 sqft
Lot Area:    14,567 sqft
Price Per Sqft:    $423
Zoning:    R2 / C8-1
Highlights:
  • Property Boosts a T-Mobile and a very popular local restaurant, 2 Vacancies
  • Opportunity to have ownership re-tenant or buyer can
  • Property accommodates 20 parking spots
  • Each unit occupies both ground and basement, both same square footage
  • Located adjacent to the intersection of Merrick Blvd and Springfield Blvd
  • Many National and Local Retailors in the immediate vicinity attracting a lot of vehicular traffic
  • Surrounded by residential homes supplying a great customer base for the tenants
  • Easy drive to Long Island, Queens & Brooklyn and JFK
Map:
Documents:
Title
Listing Setup
View
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery